QUESTION 5 5. You are given the following information about an economy: $millions GDP at Market Prices 1,,669.4 Imports Gross Domestic Capital Formation Income accruing to the Public Sector Retained Business Earnings Exports 290.5 48.7 39.0 75.9 273.4 Subsidies 16.8 Factor Payments from Abroad Capital Consumption Allowance Income Payments to Foreigners Direct Taxes 10.0 10.5 19.2 355.6 Public Sector Consumption Expenditure 490.1 Indirect Taxes 297.3 Transfer Payments 25.7 Derive the following: (i) National Income (ii) Net Investment Personal Income Disposable Income Household Consumption Expenditure (v)
QUESTION 5 5. You are given the following information about an economy: $millions GDP at Market Prices 1,,669.4 Imports Gross Domestic Capital Formation Income accruing to the Public Sector Retained Business Earnings Exports 290.5 48.7 39.0 75.9 273.4 Subsidies 16.8 Factor Payments from Abroad Capital Consumption Allowance Income Payments to Foreigners Direct Taxes 10.0 10.5 19.2 355.6 Public Sector Consumption Expenditure 490.1 Indirect Taxes 297.3 Transfer Payments 25.7 Derive the following: (i) National Income (ii) Net Investment Personal Income Disposable Income Household Consumption Expenditure (v)
Chapter8: Aggregate Demand And The Powerful Consumer
Section8.A: National Income Accounting
Problem 3TY
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